JP Morgan to release 32 Vanguard ETFs in Mexican market

JP Morgan's Depositary Receipts Group has teamed up with Vanguard, a US-based provider of exchange-traded funds (ETFs), to offer its US-registered ETFs on the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV). The Vanguard ETFs are listed on the BMV in pesos, providing US and global exposure.

On December 24, JP Morgan released three new Vanguard ETFs on the BMV, comprising the Vanguard Mega Cap 300, the Vanguard Mega Cap 300 Growth and the Vanguard Mega Cap 300 Value. JP Morgan will also offer the additional 29 Vanguard ETFs which currently trade on the BMV at the beginning of February.

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